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Competitive strategy, asset accumulation and firm performance

Author: Dierickx, Ingemar ; Cool, Karel O.INSEAD Area: Economics and Political ScienceIn: Strategic groups, strategic moves and performance by H. Daems and H. Thomas, 1994 Language: EnglishType of document: INSEAD ChapterNote: Please ask the Library for this chapter.Abstract: In addition to viewing the firm as a bundle of product market activities, a firm can be conceived as a bundle of resources. The duality between product market activities on the one hand and resources and skills on the other hand suggests that a firm's competitive position needs to be studied with respect to both dimensions. Yet, while the determinants of unique product market positions have been frequently studied, the business strategy literature has only recently begun to explore which factors determine sustainability fo asset positions
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In addition to viewing the firm as a bundle of product market activities, a firm can be conceived as a bundle of resources. The duality between product market activities on the one hand and resources and skills on the other hand suggests that a firm's competitive position needs to be studied with respect to both dimensions. Yet, while the determinants of unique product market positions have been frequently studied, the business strategy literature has only recently begun to explore which factors determine sustainability fo asset positions

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